Finance

How Should You Go About Claiming PPI Compensation?

Claiming PPI Compensation

So, the Payment Protection Insurance (PPI) has been mis-sold many times to millions of people, but here is the good news! Now, you can claim PPI compensation very quickly; if you think you have been mis-sold payment protection insurance, then you don’t have to worry at all. As today, I am going to tell you how you should go about claiming PPI Compensation. So, let’s don’t waste any more time, and take a look at it!

Claiming PPI Compensation

How Should You Go About Claiming PPI Compensation?

Before moving on, do remember to never appoint the claim management company to do this for sure. You might have seen their advertisements or even received the texts and calls from them. They will offer you help with your claim, but you must take into consideration that they may keep around 25% of your claim, which is a huge percentage and that too for the work which is not at all hard. Even you could follow the method which I am going to tell you, so there is no need to use one of them,

  1. The very first thing you need to do is to find all the relevant documents which show that you have taken the insurance policy and made a payment to them.
  2. Secondly, write an E-mail or a letter to the loan or credit card provider who has sold you the PPI. It will not take too long to write the letter either! And many banks even have their questioner prepared on their website so you can also fill that out for more information. And along with that, send all the documents which you think will be relevant explaining your claim for the payment protection insurance.
  3. Now, wait for at least eight weeks for them to respond. And if no response, then all you have to do is to file a complaint in the financial ombudsman service (FOS). You will have to fill a questionnaire for this for their confirmation on whether you are looking to claim your PPI or not.

That’s all you have to do – and that’s how you should go about claiming PPI compensation. So, what are you waiting for? Pick up your phone or laptop and start writing to the bank from which you have taken the payment protection insurance or PPI.

Best Source and method for Claiming PPI Compensation:

One of the easiest and most convenient sources is MoneyBackPPI.Com because it works on a very simple principle, as it checks with your provider if you have had any PPI. After that, they submit the complaint to your provider if you think you were mis-sold. Moreover, it has 5-star ratings on Trustpilot and Google too!

At Money Back PPI, they offer a no win no fee PPI reclaim service, meaning you will only need to pay a small percentage of your compensation to us if you win the claim and not a single penny if you don’t. They work hard to ensure that their win rate remains as high as possible, making us one of the most effective PPI claim companies on the market.

To ensure that MoneybackPPI remains one of the leading PPI claim companies on the market, they also offer the lowest fee on a no win no fee PPI claim basis. They can help to keep you up-to-date and will get back to you as quickly as possible when you submit your inquiry form, while also providing you with all the information that you need to make the process simple. The best part is that It’s all paperless!

So what are you waiting for, claim your PPI with MoneyBackPPI service and ensure your winning chances?

Thank you for reading the article and let us know if we have missed out on any of your favorite points.

About the author

Deepak

After working as digital marketing consultant for 4 years Deepak decided to leave and start his own Business. To know more about Deepak, find him on Facebook, Google+, LinkedIn now.

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